Monthly Archives: June 2013
Fantasy Football Chick and Rotoguys.com
We at Rotoguys love her great insight from her recent reviews of the New York Giants & Dallas Cowboys Fantasy Preview to features such as ‘Chicks Picks and Sits’. The various team notes (Sleepers, Watch and Strategies) is equally impressive as her passion for Football comes out in her articles and analysis.
The “Chick” as she refers to herself will definitely be our ‘go to’ source come the fall season when the much anticipated NFL season kicks into gear. She is also a writer for Edraft.com a great Roto resource.
Bookmark fantasyfootballchick.com and follow her on twitter @liveocgirl
The Sports Wise Guy
As most of us fantasy sports afficionado’s know, we simply cannot know enough. There is also more players, more stats, more injury reports and more knowledge which we can never fully absorb. This hobby of ours takes up great time to get it right. While practice makes perfect we at RotoGuys also believe that ‘knowing is half the battle’. Knowledge has no limits.
For this reason, in today’s strategy we turn to a website which you should add in your daily readings over the precious lunch hour or after hours. Meet SportsWiseGuy.Com.
While the ‘WiseGuys’ cover it all, we make them our daily stop for all Baseball related news. Whether it is Daily Lineup Advice or in depth analysis on the Baseball season they provide ‘wise’ advice.
Have something to say? Well SportsWiseGuy.com is a free community page and accept written submissions where you can get free exposure through their extensive social networks. There is no better place to start honing your craft.
Remember the name SportsWiseGuy.com. A friend of the RotoGuys.
Incredible Numbers in Fantasy Sports: A $1.7B Industry By 2017
As you undoubtedly know by now, the fantasy sports industry has been growing for several years.
How much? Led by the big players —Yahoo, ESPN, CBS Sports, Fox Sports — growth from 2007 to 2012 has averaged 12% annually, according to industry analyst IBISWorld, bringing annual profit to an estimated $397 million on $1.1 billion in revenue. The industry’s dominant sports league, the NFL, accounts for over 36% of the action.
Is the fantasy sports industry due to slow down? A little. Hit a wall altogether? No. Fantasy has succeeded in becoming ingrained in the way we consume sports these days. Can you imagine the reaction of NFL fans if Red Zone were suddenly taken away?
IBISWorld forecasts annual growth of 8.8% over the next five years, making fantasy a $1.7 billion business by 2017. The biggest drivers: the proliferation of mobile apps that make joining and following fantasy leagues easier; growth in non-traditional fantasy sports like auto racing, soccer and golf; and milking more money out of female players, who currently comprise 25% of the market but only 10% of the associated spending. “Fantasy sports providers that find a way to cater to this growing but underspending demographic will be well situated,” IBISWorld analysts wrote in a recent report.
Meantime, low barriers to entry have new players entering all the time. There are 295 of them out there, estimates IBISWorld, with further growth expected to take the total to 330 within a few years. Often, the more successful eventually sell out to one of the four major players which, for all their power, still control only 30% of the market. All figures to grow incrementally as the big, revolving door of small players continues to bring in new business.
Huge investment in the Fantasy Sports world
In January of 2013, Comcast Ventures invested 11 Million dollars via Series C funding in FanDuel which is regarded as the largest company in the space. Comcast is the well known capital arm of the media and cable conglomerate as well as other firms. Rounding out the lot was Cantor Fitzgerald LP, an investment bank which launched its own daily fantasy sports service, called Cantor Fantasy Sports. Lastly, MGT Capital Investments, a publicly-traded patent holding company, purchased a 65% stake in FanTD LLC, an operator of Fanthrowdown.com, a new company in the industry for approximately $200,000 in cash and about $2.5 million in stock.
What we are actually witnessing is investment funds cautiously getting into the space via established players which further cements its position as a serious contender with online audiences seeking to wager without risk. In addition, the fantasy sports world referred to as ‘Roto’ has had its loyal following for some time now.
Many larger players are also cautiously keeping an eye on the industry such as the major sports leagues and sports broadcasters realized the potential and synergies that can be implemented given the niche and need for updates, stats and news from its players/fan base.
Unlike the purest form of gambling through either Poker, BlackJack of online Slot machines, a successful fantasy sports player will need skill. He will need to know the ‘playing field’ including player stats, injury reports and history. With the onset of daily games the bar is raised even further for a player to shine.
What we do now is that fantasy sports is big business with over 35 million players in North America with the average spending over 450.00 a year. Players are also usually upper middle class with incomes of up over 90,000 annually. We will all keep a watchful eye and enjoy…Play Ball!